Calculate the cost of goods produced 1st January 31st December (₹) (₹) Inventories of raw materials 11,000 12,000 Work - in - progress 17,000 18,000 Inventories of finished goods 40,000 42,000 During the year purchase of raw materials `90,000. Manufacturing expenses ₹ 1,10,000.

Correct Answer is : ₹ 1,98,000

CA CPT June 2019 Question Paper Fundamentals of Accounting for online practice

Question : 30 of 59

Marks: +1, -0

Calculate the cost of goods produced

	1st January	31st December
	(₹)	(₹)
Inventories of raw materials	11,000	12,000
Work - in - progress	17,000	18,000
Inventories of finished goods	40,000	42,000

During the year purchase of raw materials `90,000. Manufacturing expenses ₹ 1,10,000.

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